{"id":9875,"date":"2024-07-09T17:40:46","date_gmt":"2024-07-09T17:40:46","guid":{"rendered":"https:\/\/axxessintl.com\/?p=9875"},"modified":"2024-07-09T17:40:46","modified_gmt":"2024-07-09T17:40:46","slug":"the-modernized-canada-ukraine-free-trade-agreement-enters-into-force","status":"publish","type":"post","link":"https:\/\/axxessintl.com\/en\/the-modernized-canada-ukraine-free-trade-agreement-enters-into-force\/","title":{"rendered":"The modernized Canada-Ukraine Free Trade Agreement enters into force"},"content":{"rendered":"

The modernized Canada-Ukraine Free Trade Agreement officially entered into force on July 1st.<\/p>\n

It maintains the preferential market access gained in the original 2017 CUFTA; it updates and adds new language in areas such as trade in services, investment, temporary entry for businesspeople, telecommunications, digital trade, labour and the environment.<\/p>\n

Bilateral trade between Canada and Ukraine reached a peak of approximately $447 million in 2021, decreasing to $422 million in 2022 due to Russia’s illegal invasion of Ukraine in February 2022. In 2023, trade surged to $695 million, largely due to Canadian exports of various military equipment to Ukraine to aid in the war effort.<\/p>\n

Links:<\/p>\n

–\u00a0Joint statement on the entry into force of the modernized Canada-Ukraine Free Trade Agreement<\/a><\/p>\n

–\u00a0Canada-Ukraine Free Trade Agreement modernization: Summary of negotiated outcomes<\/a><\/p>\n

–\u00a0Customs Notice 24-21<\/a>\u00a0Implementation of the New Canada-Ukraine Free Trade Agreement<\/p>\n

–\u00a0Customs Notice 24-22<\/a>\u00a0The New Canada-Ukraine Free Trade Agreement’s Regulatory Amendments and New Regulations Made Pursuant to the Customs Act<\/p>\n","protected":false},"excerpt":{"rendered":"

The modernized Canada-Ukraine Free Trade Agreement officially entered into force on July 1st.<\/p>\n","protected":false},"author":15,"featured_media":9133,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[137,957],"types-de-nouvelles":[],"class_list":["post-9875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-canadian-custom-brokerage","tag-canada-ukraine-free-trade-agreement","tag-cufta"],"yoast_head":"\nThe modernized Canada-Ukraine Free Trade Agreement enters into force - Axxess International<\/title>\n<meta name=\"description\" content=\"The modernized Canada-Ukraine Free Trade Agreement officially entered into force on July 1st. 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